To Decide Whether the Slope Coefficient Indicates a "Large" Effect

question 55

Multiple Choice

To decide whether the slope coefficient indicates a "large" effect of X on Y,you look at the

• A)size of the slope coefficient
• B)regression R2
• C)economic importance implied by the slope coefficient
• D)value of the intercept

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Definitions:

Mathematical Equations

Mathematical equations in programming are expressions that involve variables and operations, used to calculate values based on input.

Pseudocode

A high-level description of the algorithmic steps of a program or computation, not written in any specific programming language but in a form resembling coding syntax.

Flowchart

A diagrammatic representation of the sequence of operations or steps in a system or process.